Uzbekistan: Metal Pickling Preparations Market 2024

Metal Pickling Preparations Market Size in Uzbekistan

In 2021, the Uzbek metal pickling preparations market increased by 2.9% to $X, rising for the second consecutive year after three years of decline. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +3.6% against 2019 indices. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Pickling Preparations Production in Uzbekistan

In value terms, metal pickling preparations production reduced modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 46% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Metal Pickling Preparations Exports

Exports from Uzbekistan

In 2021, the amount of pickling preparations for metal surfaces exported from Uzbekistan skyrocketed to X tons, jumping by 92% on 2020 figures. In general, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, metal pickling preparations exports soared to $X in 2021. Over the period under review, exports, however, recorded a pronounced curtailment. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X kg) was the main destination for metal pickling preparations exports from Uzbekistan, accounting for a 41% share of total exports. Moreover, metal pickling preparations exports to Germany exceeded the volume sent to the second major destination, Ukraine (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for pickling preparations for metal surfaces exports from Uzbekistan, comprising 48% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany was relatively modest.

Export Prices by Country

The average metal pickling preparations export price stood at $X per ton in 2021, shrinking by -39.8% against the previous year. Over the period under review, the export price showed a abrupt setback. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Ukraine stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-46.4%).

Metal Pickling Preparations Imports

Imports into Uzbekistan

In 2021, purchases abroad of pickling preparations for metal surfaces increased by 34% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a temperate expansion from 2017 to 2021: its volume increased at an average annual rate of +2.6% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 46%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, metal pickling preparations imports skyrocketed to $X in 2021. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Ukraine (X tons) constituted the largest supplier of metal pickling preparations to Uzbekistan, with a 58% share of total imports. Moreover, metal pickling preparations imports from Ukraine exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. The third position in this ranking was held by South Korea (X tons), with a 7.1% share.

From 2017 to 2021, the average annual growth rate of volume from Ukraine stood at +66.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+49.5% per year) and South Korea (+39.4% per year).

In value terms, Ukraine ($X), South Korea ($X) and Lithuania ($X) constituted the largest metal pickling preparations suppliers to Uzbekistan, with a combined 71% share of total imports. These countries were followed by Turkey, China, Russia and Kazakhstan, which together accounted for a further 17%.

Kazakhstan, with a CAGR of +114.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal pickling preparations import price stood at $X per ton in 2021, with an increase of 57% against the previous year. Over the period under review, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Kazakhstan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by China (+58.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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